{"id":10724,"date":"2020-04-16T05:17:29","date_gmt":"2020-04-15T23:47:29","guid":{"rendered":"http:\/\/udaen.info\/?p=10724"},"modified":"2020-04-16T05:17:29","modified_gmt":"2020-04-15T23:47:29","slug":"wholesale-inflation-also-declines-to-one-percent-in-march","status":"publish","type":"post","link":"https:\/\/udaen.info\/?p=10724","title":{"rendered":"Wholesale inflation also declines, to one percent in March"},"content":{"rendered":"<p><span class=\"notranslate\"><span lang=\"HI\">With the introduction of Lockdown Part-2, there has been relief news for the government.<\/span><\/span>\u00a0<span class=\"notranslate\"><span lang=\"HI\">The wholesale inflation rate also declined in March after the retail inflation.<\/span><\/span>\u00a0<span class=\"notranslate\"><span lang=\"HI\">According to the data released by the Ministry of Commerce and Industry on Wednesday,<\/span>\u00a0<span lang=\"HI\">WPI<\/span>\u00a0<span lang=\"HI\">has come down to 1 percent in March 2020.<\/span><\/span>\u00a0<span class=\"notranslate\"><span lang=\"HI\">It is worth noting that earlier in February, this rate was at the level of 2.26 per cent.<\/span><\/span>\u00a0<span class=\"notranslate\"><span lang=\"HI\">According to the data, inflation declined by 1.26 percent in March.<\/span><\/span><\/p>\n<p><span class=\"notranslate\"><span lang=\"HI\">However<\/span>\u00a0, the\u00a0<span lang=\"HI\">figure may be revised in the coming time.<\/span><\/span>\u00a0<span class=\"notranslate\"><span lang=\"HI\">The government has also released an explanation along with the March wholesale inflation data.<\/span><\/span>\u00a0<span class=\"notranslate\"><span lang=\"HI\">The government has said that the lockdown for the last 21 days has had some impact on the data collection work in March and there may be significant revisions in the figure in the coming years.<\/span><\/span>\u00a0<span class=\"notranslate\"><span lang=\"HI\">With this, the government revised the January wholesale inflation figure from 3.10 per cent to 3.52 per cent.<\/span><\/span><\/p>\n<p><span class=\"notranslate\"><span lang=\"HI\">It is noteworthy that the wholesale inflation has moderated due to the fall in the prices of food items.<\/span><\/span>\u00a0<span class=\"notranslate\"><span lang=\"HI\">According to government data, food inflation in February was 7.79 percent<\/span>\u00a0,\u00a0<span lang=\"HI\">which has come down to 4.91 percent in March.<\/span><\/span>\u00a0<span class=\"notranslate\"><span lang=\"HI\">At the same time<\/span>\u00a0, on an\u00a0<span lang=\"HI\">annual basis, the wholesale inflation was at 3.18 percent in March last year.<\/span><\/span>\u00a0<span class=\"notranslate\"><span lang=\"HI\">The decline in wholesale inflation has been witnessed due to a steep decrease in the price of food and beverages in the country.<\/span><\/span><\/p>\n<p><span class=\"notranslate\"><span lang=\"HI\">Apart from this, the wholesale inflation rate of vegetables has also come<\/span>\u00a0<span lang=\"HI\">down in the month of March.<\/span><\/span>\u00a0<span class=\"notranslate\"><span lang=\"HI\">It declined from 29.97 per cent in February to 11.90 per cent in March.<\/span><\/span>\u00a0<span class=\"notranslate\"><span lang=\"HI\">At the same time<\/span>\u00a0,\u00a0<span lang=\"HI\">negative growth of 1.76 per<\/span>\u00a0<span lang=\"HI\">cent was observed in<\/span>\u00a0<span lang=\"HI\">fuel and power inflation<\/span>\u00a0,\u00a0<span lang=\"HI\">while the inflation rate of manufactured goods has been increased by 0.34 per cent.<\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>With the introduction of Lockdown Part-2, there has been relief news for the government.\u00a0The wholesale inflation rate also declined in March after the retail inflation.\u00a0According to the data released by the Ministry of Commerce and Industry on Wednesday,\u00a0WPI\u00a0has come down to 1 percent in March 2020.\u00a0It is worth noting that earlier in February, this rate [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_monsterinsights_skip_tracking":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[43],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/posts\/10724"}],"collection":[{"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/udaen.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10724"}],"version-history":[{"count":1,"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/posts\/10724\/revisions"}],"predecessor-version":[{"id":10725,"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/posts\/10724\/revisions\/10725"}],"wp:attachment":[{"href":"https:\/\/udaen.info\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10724"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/udaen.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10724"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/udaen.info\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10724"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}